The ratio of the quick assets to current liabilities, which indicates the instant debt-paying ability of a
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The ratio of the quick assets to current liabilities, which indicates the “instant” debt-paying ability of a firm, is:
A. current ratio C. quick ratio B. working capital ratio D. bankers’ ratio AppendixLO1
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Related Book For
Financial Accounting
ISBN: 9780324188035
9th Edition
Authors: Dr Carl S. Warren, Dr James M. Reeve, Philip E. Fess
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